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Real Entrepreneurs

CONCEPTUAL
Life Skills›Entrepreneurship|Ages 9—11|ID: mt_rxJ2O_9Lkr

Stories of real entrepreneurs who started young: Mikaila Ulmer (Me & the Bees), Moziah Bridges (Mo's Bows), Cory Nieves (Mr. Cory's Cookies); what makes someone an entrepreneur

Mastery Evidence

  • Retell the story of at least one real entrepreneur who started as a child
  • Identify three qualities that helped that entrepreneur succeed (creativity, persistence, passion)
  • Explain what the word 'entrepreneur' means in their own words

Assessment Prompt

“Could [child] tell you about a real person who started a business as a kid and explain what qualities helped them succeed?”

Prerequisites2

Show full prerequisite tree
  • Learning from Failure soft

    Understanding failure/resilience enriches entrepreneur case studies

    • Making a Simple Plan soft

      Having planned and tried makes failure a meaningful learning experience

      • Budgeting Pocket Money soft

        Cross-domain: budgeting pocket money (Money & Finance) provides planning foundation

        • Needs & Wants hard

          Must understand needs vs wants to make budget trade-offs

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • Buying Things soft

          Buying experience helps with realistic budgeting

          • Coins & Notes hard

            Must recognise coins/notes and their values before practising buying transactions

            • Coin Values soft

              Curriculum coins/notes recognition (Maths Y1) underpins exploratory coin knowledge

              • Reading and writing numbers to 20 hard

                Recognising coin values requires reading numerals (1, 2, 5, 10, 20, 50)

                • How Many in Total? hard

                  Reading/writing numerals 0–20 requires understanding that numerals represent quantities (cardinality)

                  • One-to-one counting hard

                    Cardinality principle builds on one-to-one correspondence — you must count correctly to know the last number tells 'how many'

                • Writing digits 0-9 hard

                  Writing numerals requires the motor skill of forming digits 0-9 (taught in English handwriting)

            • What Money Is hard

              Must understand what money is before learning to recognise specific coins and notes

          • What Money Is hard

            Must understand money as exchange medium before practising transactions

        • Saving Money hard

          Must understand saving concept before budgeting a fixed amount

          • Needs & Wants soft

            Understanding needs vs wants helps motivate saving decisions

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • What Money Is hard

            Must understand what money is before learning to save it

      • Having a Business Idea hard

        Must have a business idea before making a plan for it

        • Making Something to Sell hard

          Must have experience making something to sell before generating business ideas

          • Needs & Wants soft

            Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • Goods & Services hard

            Must know what goods are before creating a product to sell

          • Buyers & Sellers hard

            Must understand exchange before making something to sell

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

        • Who Is a Customer? hard

          Must understand customers before spotting problems to solve for them

          • Making Something to Sell soft

            Making a product helps understand what customers want

            • Needs & Wants soft

              Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

              • What Money Is hard

                Must understand money exists and is limited before distinguishing needs from wants

            • Goods & Services hard

              Must know what goods are before creating a product to sell

            • Buyers & Sellers hard

              Must understand exchange before making something to sell

              • Goods & Services hard

                Must understand goods and services before grasping buying and selling

              • What Money Is soft

                Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

          • Buyers & Sellers hard

            Must understand buyers and sellers before exploring customer concept in depth

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

    • Having a Business Idea hard

      Must have tried generating ideas before learning that ideas can fail

      • Making Something to Sell hard

        Must have experience making something to sell before generating business ideas

        • Needs & Wants soft

          Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • Goods & Services hard

          Must know what goods are before creating a product to sell

        • Buyers & Sellers hard

          Must understand exchange before making something to sell

          • Goods & Services hard

            Must understand goods and services before grasping buying and selling

          • What Money Is soft

            Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

      • Who Is a Customer? hard

        Must understand customers before spotting problems to solve for them

        • Making Something to Sell soft

          Making a product helps understand what customers want

          • Needs & Wants soft

            Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

            • What Money Is hard

              Must understand money exists and is limited before distinguishing needs from wants

          • Goods & Services hard

            Must know what goods are before creating a product to sell

          • Buyers & Sellers hard

            Must understand exchange before making something to sell

            • Goods & Services hard

              Must understand goods and services before grasping buying and selling

            • What Money Is soft

              Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

        • Buyers & Sellers hard

          Must understand buyers and sellers before exploring customer concept in depth

          • Goods & Services hard

            Must understand goods and services before grasping buying and selling

          • What Money Is soft

            Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

  • Having a Business Idea hard

    Must understand business ideas before studying real entrepreneurs' journeys

    • Making Something to Sell hard

      Must have experience making something to sell before generating business ideas

      • Needs & Wants soft

        Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

        • What Money Is hard

          Must understand money exists and is limited before distinguishing needs from wants

      • Goods & Services hard

        Must know what goods are before creating a product to sell

      • Buyers & Sellers hard

        Must understand exchange before making something to sell

        • Goods & Services hard

          Must understand goods and services before grasping buying and selling

        • What Money Is soft

          Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

    • Who Is a Customer? hard

      Must understand customers before spotting problems to solve for them

      • Making Something to Sell soft

        Making a product helps understand what customers want

        • Needs & Wants soft

          Cross-domain: needs vs wants (Money & Finance) helps understand what makes a product desirable

          • What Money Is hard

            Must understand money exists and is limited before distinguishing needs from wants

        • Goods & Services hard

          Must know what goods are before creating a product to sell

        • Buyers & Sellers hard

          Must understand exchange before making something to sell

          • Goods & Services hard

            Must understand goods and services before grasping buying and selling

          • What Money Is soft

            Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

      • Buyers & Sellers hard

        Must understand buyers and sellers before exploring customer concept in depth

        • Goods & Services hard

          Must understand goods and services before grasping buying and selling

        • What Money Is soft

          Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

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